Finance News - Page 22

Following heightened speculation that the Reserve Bank would pull the trigger on interest rates today, the cash rate has been cut to the historic low of 0.50%. But with the impact of coronavirus now on Australian...

The Australian Stock Exchange has fallen dramatically this morning, after the impact of the novel coronavirus COVID-19 on international trade and supply chains led to a sharp decline in markets last week. The ASX ended the...

As debate continues about the the Super Guarantee's legislated increase to 12% by 2025, Canstar takes a look at what it could mean for the average super balance at retirement.

House hunters who initially missed out on a place in phase one of a new fee-slashing government first home ownership scheme now have a second chance. A further 7,000 places have been released, this time accessible...

Major Australian companies listed on the Australian Securities Exchange including Qantas, Coles, BHP and Wesfarmers opened their books in a busy week of half-year results, while CSL briefly became Australia’s biggest company. CSL, an ASX 200...

What would happen if your partner died or you became so ill that you couldn’t afford your home loan? Today, a major bank announced most of its home loan customers would not have to pay their...

ANZ is the latest bank to launch a rate cut missile, as the home loan rate war heats up. One finance expert says it's the latest volley in a rate war raging because banks are "jockeying...

Coles, Target & Rebel Sport are some of the latest employers to underpay their staff. Have you checked your wages and super payments recently?

Single people wishing to buy their first house are snapping up places in a scheme designed to help people step onto the property ladder sooner. More than 60% of applications so far for a place on...

Hot on the heels of big-bank challengers Xinja, 86 400 and Volt, another fully digital bank has launched in Australia, with its first product available to apply for from today. Neobank Hay has opened its digital...

Despite ongoing concerns about the global economic impact of coronavirus (COVID-19), Australia's biggest companies, including the Commonwealth Bank and CSL, racked up solid gains to push the Australian Securities Exchange to another near-record last week. The...

Australia’s largest bank has cut a range of home loan rates, including big reductions for investors, signalling it could be pushing for growth in the investment lending market. Source: Nils Versemann (Shutterstock) Commonwealth Bank has cut...

The latest collectables campaign from Coles is geared towards getting shoppers to spend more on food, but coronavirus (COVID-19) could put a damper on those plans, an economist warns. Source: Getty Images for Coles. Coles relaunched...

Fears of contracting coronavirus (COVID-19) have sent the price of hand sanitiser skyrocketing, as supermarkets warn that stocks are low. However, is it really that effective against viruses? And is it value for money? Here are...

Which tradies get paid the most in Australia? Find out today.

Australia's central bank is tipped to cut the cash rate at least once this year, so we've crunched the numbers to see the impact that could have on Australian hip pockets. Hint: homeowners could get even...

Global fears of the financial impact of the coronavirus stopped the Australian share market’s rise last week, denting its overall growth for January. Both the overall All Ordinaries index and the ASX 200 remained above 7,000...

People selling property in Hobart could be the most likely to make a profit, new research shows. Find out which council region in your city delivered the most reliable gains in 2019. Hobart experienced the highest...

Just when it seemed safe to think home loan rates couldn’t get any cheaper, a flurry of banks have started to cut their home loan interest rates in recent days. Two of the big four, a...

The Australian stock exchange finished solidly this week, reaching above 7,000 points for the second week in a row. Here's a list of the the best and worst performers. The ASX 200 finished at 7,096, which...